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Guest (Querist) 19 December 2020 This query is : Resolved
Insolvency Cases in India Likely To Rise in Coming Days -- MS.Sahoo -- Chairman of the Insolvency and Bankruptcy Board Of India (IBBI) New Delhi -- Said in a Virtual Conference hosted by Gujarat National Law University on Friday 18th Dec 2020

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MS Sahoo, Chairman of the Insolvency and Bankruptcy Board of India (IBBI), has predicted an increase in insolvency cases across India. Speaking at a virtual conference hosted by Gujarat National Law University, he clarified that suggestions do not constitute policy decisions, which are ultimately made by the RBI. This information is relevant for those offering legal opinions and understanding the broader economic landscape.

Isaac Gabriel (Expert) 19 December 2020
It is only.presumption that it is a policy decision to be decided by the RBI.Mere suggestion cannot be termed as statute.

T. Kalaiselvan, Advocate (Expert) 09 June 2021
Thanks for the information, but how does it affects someone who is dedicated to render his opinions on legal matters in this forum.

Sankaranarayanan (Expert) 09 June 2021
Yes , I also noticed , any how thanks for your information submitted in this forum

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